Anglo Asian Mining Share Discussion Threads

[jbravo2] 14/10/2020 09:08

@casual
Indeed.
But seeing as you only spout one sides propaganda you’ll forgive other posters posting the other sides version.

[terropol] 14/10/2020 09:04

I will guess at a new guidance of 70 to 75k oz for the full year, and if no further problems we should get the secial dividend highlited by Bill in the latest interview.

[wanobi] 14/10/2020 09:00

AAZ - aha, down to a 2p spread now 108-110p,,, which way will the MM's widen it out again,,, I bet they go 105-110p next :-) LOL,,, and maybe finish the day 105-115p LOL,,,,, ooo arh the games those MM's play :-) LOL,,, we shall see GLA Cheers Wan :-)

Edit - HL online offering,,,, Sell 70000 shares at 105.1008p right now,,,,, someone wants them :-)

[2prsimo] 14/10/2020 09:00

Interesting segment on the war on Radio 4 just now - if you listen to that it's fairly obvious that there will never be peace between the two sides. Armenians feel let down that the Russians aren't helping enough. The influence of the Turks on the Azer side could lead to a significant destabilization of the whole region. I would urge holders to listen to it. Steve Rosenborg/burg the reporter.

[mad foetus] 14/10/2020 08:59

My dividends here more than cover my mortgage btw and I'm sure I'm not the only oneWith interest rates going nowhere and AAZs dividend rising each half year I'm not going to change that equation

[mad foetus] 14/10/2020 08:55

5-10% drop from 75-80 could mean anything from 67.5 to 76. But revenue wise we are going to be well ahead, regardless What I would really like to see is confirmation that we are in the dip down and an idea of what grades and volumes we can expect from itThe increased grades announced today are really positive too

[casual47] 14/10/2020 08:54

S_murray, unless you have that from independent journalists it is all propaganda, whichever side you take it from.

The only independent journalists are on the ground in Armenia/N-K. (Some of them got severely wounded after Azeri shelling last week).

My point is, whatever the reasoning behind it, Armenia formally asserting a right to attack is an escalation.

[s_murray] 14/10/2020 08:51

Casual,

Azerbaijan strikes was only limited to NK previously until the strike on Ganja with a ballistic missile, I think you will find that Azerbaijan took out the missile launchers last night in Armenian to prevent further strikes on civilians in the likes of Ganja, or Mingachiver where the countries main Hydropower plant is situated.

[laurence llewelyn binliner] 14/10/2020 08:48

An expected share price drop on strengthening results against a poor backdrop of circumstances, however todays sale so far did yield some stock at 107p for the dividend pot.. :o)

[casual47] 14/10/2020 08:47

What will production guidance be if the conflict continues well into 2021?

[terropol] 14/10/2020 08:46

My take is, the drop in the shareprice since the war started should have accounted for the 5 to 10% drop in production. Todays drop is ovedone and caused by panic cselling.

Cash generation remains healthy.
Funds in a safe Bank are going up all the time.

-It is estimated a reduction of around five to ten percent will be required from the current guidance. We will update shareholders once the review is finalised."-

Is it 5% or 10%?? We will see, but I am sure the company will be doing all it can to minimise reduction.

This company remains a strong investment case in my eyes.

Now wait for gold to hit the $2000 again, the gold we are producing short is still in the ground...not lost.

[cinoib] 14/10/2020 08:43

All this good stuff and still the share price gets hammered to a low of 105, very harsh by the MM's and am sure they know more than the punters do so will keep my purse closed for now and see how it develops.

[jbravo2] 14/10/2020 08:42

More disinformation from casual47
The war was limited to N-K???
Tell that to people in Ganja. Armenia has already bombed areas well outside of N-K

[wanobi] 14/10/2020 08:40

TXP - it does look that way KS, I agree :-)

I think PB is very conservative in his narrative, so, to me,,, the clue is in the RNS tittle,,,

SIGNIFICANT NATURAL GAS DISCOVERY AT CHINOOK

AAZ - as soon as they announce a truce, which cannot be far away now surely,,, AAZ should move swiftly up on very little volume.. :-)

Cheers KS
Wan :-)

[amunro] 14/10/2020 08:37

Once ppl realise the good news offsets the bad this will tick up next few days.

[king suarez] 14/10/2020 08:36

Pleased with that result at TXP - looks likely the news leaked a little late yesterday given the share price rise?

Cannot see it being uncommercial with the size of the payzone(s), but we will have to wait a few months for it to be flow tested.

AAZ - a little disappointing, but the market is very myopic looking. $9.5m cash generated in quarter (after tax paid, but before dividend paid) is still very strong and at £120m market cap with around £25m in the bank it remains stupidly cheap, with or without war imo! Could be a hell of a re-rate over the next 3-6 months with JORC, Reza strategic presentation and Q4 underground extension at Gedabek (despite delay). Would have been good to get clarity over what this means re: underground expansion:

"temporary delays due to underground rock faulting" ??

[doc_oj] 14/10/2020 08:29

Well done to those who can take advantage of these stupid low prices, twice now - I don't have the funds and will not dip into my special pot of funds unless it got even silly.

I will sit on my hands in the meantime, happily accept the divi and hopefully see things turn from here.

GLA

[bwana4] 14/10/2020 08:29

Guys one high tech stock that I have on my watch list.
IDEA. I was inveted in it but sold out a while back. Lovely 5 year chart though. I may take a second bite at if if market tumoil hits it.
ATB.
OH' AMC Chuggigin along.👍

[pogue] 14/10/2020 08:28

A bearish article confirming what I have been thinking for a while. Might not happen but the dominoes are lining up.


...But the reality of oil markets is far bleaker. The threat of European lockdowns is real, hitting global demand again while taking a heavy toll on the economy. Financial easing and subsidies worldwide have kept some demand in place, but the financials of major economies are bleak, which can be seen in the rising level of unemployment. This will not only remove OECD demand for oil but also for Asian manufacturing. OPEC+ seems to be looking at things differently though, with oil taps in Saudi Arabia, Russia, and other OPEC+ member countries opening once again. OPEC production cuts compliance is still around 100%, but the coming months will see that figure fall.

Nobody is speaking about a new oil price war yet, but the writing is on the wall with some producers now fed up with strangling their own production to counter the overproduction of others. Asian importers, especially China and India, have been reaping the rewards of this low price environment, filling their oil storage tanks to the brim. Although most Asian importers now seem to be content with storage. An OECD economic downturn will put several million barrels per day of expected Asian demand at risk.

[casual47] 14/10/2020 08:28

Current state of war:

1. Azerbaijan has not made any strategically important gains after more than two weeks of fighting

2. Armenia Republic has just announced that following a strike on their territory they will from now on reserve the right to launch attacks on military targets and combat movements within Azerbaijan.

This could be a serious escalation of the war as until now the conflict was limited to N-K, or, hopefully, it could be a move designed to force a return to the cease fire and peace talks.

A return to peace talks is the only option and still the most realistic one, imo.

[wanobi] 14/10/2020 08:27

Aljazeera News now reporting that the cease fire is holding, but only just... Cheers Wan :-)

edit - now saying fierce fighting overnight,,,, no exchange of bodies or POW's yet.....

Turkey saying ARM must leave occupied territories.....

ARM wanting NK to be recognized as an independent territory....

Cheers
Wan

[amunro] 14/10/2020 08:26

Funny how people home in the less favourable parts of the rns and ignore the good parts. Good company making money.

[doc_oj] 14/10/2020 08:25

@katsy: if they had RNS'd that you and I would be criticising them for unnecessarily announcing negatives

[jeanesy] 14/10/2020 08:24

I'm not brave enough atmo to buy more. I need to see some good news first

[wanobi] 14/10/2020 08:21

TXP - KS, I owe you a super-tanker full of beer!!!! many, many thanx, Cheers Wan :-)